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USA: Constellation Brands sees shares fall as supply chain costs offset beer sales growth
Shares of Constellation Brands fell on January 5 after the wine, beer and spirits company reported ongoing supply chain costs that offset sales growth in its beer category.
The stock was ...
Publicado 05/01/2023
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USA, VA: Beltway Brewing Company in Sterling closing down its operations
Beltway Brewing Company in Sterling is closing down operations. The announcement was made on January 4 via social media.
While I could regale you with Monday morning quarterbacking of all the ...
Publicado 05/01/2023
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China: Chinas top brewer diversifying into baijiu white liquor
China's top brewer is diversifying as beer sales shrink in China. It is homing in on the baijiu white liquor market, which it sees as having huge growth potential, the ...
Publicado 04/01/2023
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World: Analysts upgrade their rating for Heineken NV as near-term risks are now seen as balanced
Analysts at Barclays have upgraded their rating for Heineken NV to 'equal-weight' from 'underweight' as they now see the "near-term risks as balanced" for the Dutch brewing giant following a ...
Publicado 04/01/2023
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USA, IL: Smylie Brothers brewpub permanently shuts down in Evanston
Smylie Brothers, an eight-year-old brewpub in downtown Evanston, permanently shut down on New Years Eve, just four months after it closed its location in the Lakeview neighborhood on Chicagos North ...
Publicado 04/01/2023
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Europe: Asahi unveils 0% alcohol beer across eight markets
The European arm of Japanese beverage giant Asahi Group has launched a zero percent alcohol version of its popular brand. Asahi Super Dry 0.0% begins its release across eight markets ...
Publicado 02/01/2023
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UAE: Dubai ends 30% tax on alcohol sales, makes liquor licenses free to obtain
Dubai ended its 30 percent tax on alcohol sales on December 31 and made its required liquor licenses free to obtain, in an apparent move to further boost tourism to ...
Publicado 02/01/2023
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Belgium: Castle Malting joins Soufflet/InVivo Group
Malteries Soufflet and Jean-Louis Dourcy, majority shareholder of Castle Malting, announced on January 2 the signature of a binding agreement on the acquisition by Malteries Soufflet of 100% of the ...
Publicado 02/01/2023
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UK: Brewers and hospitality groups preparing for hit to beer sales this year
Brewers and hospitality groups are preparing for a hit to beer sales this year after signs emerged of UK and European consumers limiting their drinking budgets, the Financial Times reported ...
Publicado 02/01/2023
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USA: Demand for non-alcoholic beer to continue growing in 2023 Athletic Brewing Company CEO
The start of Dry January, a month when many people avoid drinking alcohol, typically brings a heightened level of attention to non-alcoholic drinks. But the CEO of one of the ...
Publicado 02/01/2023
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